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You have the incentive to spend. You need to live so you will use your fiat and bitcoin to buy for food, gas, electricity and things that you want. I know the
by BrokenPipe 14y ago
You have the incentive to spend.
You need to live so you will use your fiat and bitcoin to buy for food, gas, electricity and things that you want.
I know the bitcoin is going to be worth more, but I still spend it today just like
I know that if I wait just a little bit the laptop will be cheaper and faster but I still buy it today when I need it.
- XorNot 14y agoIf the value of BitCoin increases quickly enough (i.e. you hold a sufficient initial amount) then the amount you spend on food, gas, electricity can be less then the rate of increase. This is literally getting something for nothing.